repurchase agreement

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Related to Repo transaction: repo rate

repurchase agreement

A contract giving the seller of an asset the right or obligation to buy back the asset at a specified price on a given date.

American Heritage® Dictionary of the English Language, Fifth Edition. Copyright © 2016 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

repurchase agreement

(Banking & Finance) an agreement in which a security or asset is sold and later repurchased at an agreed price to raise ready money. Sometimes shortened to: repo

Collins English Dictionary – Complete and Unabridged, 12th Edition 2014 © HarperCollins Publishers 1991, 1994, 1998, 2000, 2003, 2006, 2007, 2009, 2011, 2014

repur′chase agree`ment

a deal to purchase securities between an investor and a bank, stipulating that the investor will sell back the bonds on a specified date, keeping the interest.

[1920–25]

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References in periodicals archive ?

Analysts at Arif Habib stated: 'Majority of the traded volume today and yesterday has been repo-reverse repo transaction, which is a highlight of June end.'

Stocks fall 102 points on heavy selling

Majority of the traded volume Wednesday and Tuesday has been repo-reverse repo transaction, which is a highlight of June end.

KSE-100 declines by 102 points

Through an inter-bank repo transaction; a bank which requires liquidity can sell its government securities to another bank which provides liquidity for a pre-defined period and an agreed price.

CBB launches inter-bank repo as liquidity management tool

Through an Inter-bank Repo transaction, the bank which requires liquidity can sell its government of Bahrain securities to the bank which provides liquidity for a pre-defined period and an agreed price.

CBB implements Inter-bank Repo using conventional securities

Development finance company Frontclear has announced it has arranged and structured a USD 30 million cross-border collateral swap with the European Bank for Reconstruction and Development (EBRD)that enables a repo transaction between the Mongolian State Bank and ING Bank, the company said.

Frontclear facilitates collateral swap transaction with ERBD, State Bank Mongolia, ING Bank

Accordingly, DFM investors may utilise the two mechanisms to transfer their DFM listed securities as part of a Repo transaction or an Islamic Murabaha transaction with Sharia-compliant financial institutions, the bourse said in a statement.

DFM issues new regulations for Repo and Murabaha transactions

, Finance Undersecretary Gil Beltran, Securities and Exchange Commission Chairman Teresita Herbosa led the inaugural repo transaction during the launch of the Government Securities Repo Program.

BTr names top market makers

"The situa was difficult, but that was when HSBC came to us with the idea for a reverse repo transaction. The turnaround of the situation since then has been, I think, unprecedented." The repo transaction was executed -- and syndicated -- in early November last year.

HSBC: Tough measures rescued Egyptian economy

Under that process, if the member was a funds borrower and had defaulted on its obligation to repurchase the underlying securities and pay interest at the end of the repo term, GSCC would immediately sell the same securities and reverse them in (for the same remaining term as the original repo transaction).

THE DEVELOPMENT OF THE GOVERNMENT SECURITIES CLEARING CORPORATION

In order for a repo transaction to be considered a sale, the transferor must have relinquished control.

How Lehman Brothers and MF Global's misuse of repurchase agreements reformed accounting standards

Each repo transaction will be entered into one business day prior to a

MOODY'S DETERMINES NO NEGATIVE RATING IMPACT ON THREE DUTCH RMBS LOWLAND TRANSACTIONS FOLLOWING IMPLEMENTATION OF REPO AGREEMENTS

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